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Panathinaikos officially announces the signing of Sylvain Francisco
🇬🇷 Greece /Sports

Panathinaikos officially announces the signing of Sylvain Francisco

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Panathinaikos officially announced the signing of Sylvain Francisco to a three-year contract.
  • The deal is reportedly worth 10.7 million euros, with Panathinaikos paying 1 million euros to release him from his previous contract.
  • The contract includes no NBA out-clause, ensuring his commitment to the Greek club.

Panathinaikos has officially confirmed the acquisition of Sylvain Francisco, marking a significant addition for the upcoming season. The Greek club announced the agreement shortly after French team ASVEL announced the termination of their contract with the French guard.

Francisco, 28, arrived in Athens early Thursday morning after spending his summer vacation in Mykonos. Following the completion of the deal, he immediately traveled to the capital to finalize the transfer procedures. The agreement spans three years, with the French player set to earn a total of 10.7 million euros.

In addition to Francisco's salary, Panathinaikos will pay ASVEL 1 million euros to secure his release. A key aspect of the contract is the absence of an NBA out-clause, which guarantees Francisco's stay with the "Greens" for the entire duration of his contract, eliminating the risk of an early departure to the United States.

DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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